Tagged: U.S. defense budget

2:58pm

Thu February 21, 2013
Business

Boeing plans more defense cuts as U.S. budget shrinks

Credit David Shane

Boeing executives say they’re cutting costs out of the defense side of their business to cope with shrinking U.S. military spending.

Here in the Puget Sound region, we associate Boeing with commercial jets. But the company has a massive defense business making everything from radar systems to fighter jets. That side of the business has trimmed billions of dollars in recent years because of declining U.S. military spending.

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